Announcement • May 14
Waratah Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 48 million. Waratah Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 48 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 77,419,355
Price\Range: AUD 0.62
Discount Per Security: AUD 0.031
Transaction Features: Subsequent Direct Listing Announcement • May 07
Waratah Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 48 million. Waratah Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 48 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 77,419,355
Price\Range: AUD 0.62
Discount Per Security: AUD 0.031
Transaction Features: Subsequent Direct Listing Announcement • Mar 27
Waratah Minerals Limited, Annual General Meeting, May 25, 2026 Waratah Minerals Limited, Annual General Meeting, May 25, 2026. New Risk • Mar 26
New major risk - Revenue and earnings growth Earnings have declined by 37% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 37% per year over the past 5 years. Shareholders have been substantially diluted in the past year (53% increase in shares outstanding). Revenue is less than US$1m (AU$800k revenue, or US$556k). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (AU$10m net loss in 2 years). Share price has been volatile over the past 3 months (14% average weekly change). New Risk • Mar 23
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Shareholders have been substantially diluted in the past year (53% increase in shares outstanding). Revenue is less than US$1m (AU$800k revenue, or US$562k). Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Currently unprofitable and not forecast to become profitable over next 2 years (AU$11m net loss in 2 years). Share price has been volatile over the past 3 months (13% average weekly change). New Risk • Mar 21
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Shareholders have been substantially diluted in the past year (53% increase in shares outstanding). Revenue is less than US$1m (AU$800k revenue, or US$562k). Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Currently unprofitable and not forecast to become profitable over next 2 years (AU$11m net loss in 2 years). New Risk • Nov 18
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: AU$152.1m (US$98.9m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Shareholders have been substantially diluted in the past year (54% increase in shares outstanding). Revenue is less than US$1m (AU$800k revenue, or US$520k). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (AU$11m net loss in 2 years). Market cap is less than US$100m (AU$152.1m market cap, or US$98.9m). Announcement • Oct 16
Waratah Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 30.000001 million. Waratah Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 30.000001 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 20,300,000
Price\Range: AUD 0.575
Discount Per Security: AUD 0.02875
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 31,873,914
Price\Range: AUD 0.575
Discount Per Security: AUD 0.02875
Transaction Features: Subsequent Direct Listing New Risk • Sep 03
New major risk - Revenue and earnings growth Earnings have declined by 22% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 22% per year over the past 5 years. Shareholders have been substantially diluted in the past year (46% increase in shares outstanding). Revenue is less than US$1m (AU$800k revenue, or US$522k). Minor Risks Share price has been volatile over the past 3 months (18% average weekly change). Significant insider selling over the past 3 months (AU$2.5m sold). New Risk • Aug 21
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 35% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Shareholders have been substantially diluted in the past year (35% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (18% average weekly change). Significant insider selling over the past 3 months (AU$2.5m sold). Recent Insider Transactions Derivative • Aug 14
Non-Executive Chairman exercised options to buy AU$1.9m worth of stock. On the 13th of August, Andrew Stewart exercised options to buy 2m shares at a strike price of around AU$0.44, costing a total of AU$1.1m. This transaction amounted to 3,300% of their direct individual holding at the time of the trade. Since December 2024, Andrew has owned 75.00k shares directly. Company insiders have collectively sold AU$1.4m more than they bought, via options and on-market transactions in the last 12 months. Recent Insider Transactions • Aug 14
MD & Director recently sold AU$2.5m worth of stock On the 13th of August, Peter Duerden sold around 4m shares on-market at roughly AU$0.57 per share. This transaction amounted to 38% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Peter's only on-market trade for the last 12 months. Announcement • Aug 14
Waratah Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 30.000001 million. Waratah Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 30.000001 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 20,300,000
Price\Range: AUD 0.575
Discount Per Security: AUD 0.02875
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 31,873,914
Price\Range: AUD 0.575
Discount Per Security: AUD 0.02875
Transaction Features: Subsequent Direct Listing New Risk • Jun 24
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 30% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Shareholders have been substantially diluted in the past year (30% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (15% average weekly change). Market cap is less than US$100m (AU$66.6m market cap, or US$43.2m). Announcement • May 20
Waratah Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 8.375978 million. Waratah Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 8.375978 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 30,458,100
Price\Range: AUD 0.275
Discount Per Security: AUD 0.0165
Transaction Features: Subsequent Direct Listing Announcement • May 12
Waratah Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 8.375984 million. Waratah Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 8.375984 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 30,458,125
Price\Range: AUD 0.275
Discount Per Security: AUD 0.0165
Transaction Features: Subsequent Direct Listing New Risk • May 06
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 17% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$5.0m free cash flow). Share price has been highly volatile over the past 3 months (17% average weekly change). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (AU$60.7m market cap, or US$39.2m). Announcement • Apr 28
Waratah Minerals Limited, Annual General Meeting, May 28, 2025 Waratah Minerals Limited, Annual General Meeting, May 28, 2025. Location: pkf, level 8, 1 oconnell street, sydney nsw 2000 Australia New Risk • Mar 30
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$5.0m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$5.0m free cash flow). Shareholders have been substantially diluted in the past year (35% increase in shares outstanding). Revenue is less than US$1m (AU$91k revenue, or US$57k). Minor Risks Share price has been volatile over the past 3 months (15% average weekly change). Market cap is less than US$100m (AU$36.4m market cap, or US$22.9m). Announcement • Mar 25
Waratah Minerals Limited Announces Results from Its Ongoing RC Drilling Program At the Spur Gold-Copper Project, New South Wales Waratah Minerals Limited announced results from its ongoing RC drilling program at the Spur Gold-Copper Project, New South Wales. The Spur Project (EL5238) is located 5km west from Newmont Corporation's Cadia Valley Project (>50Moz Au, 9.5Mt Cu), and is hosted in equivalent Late Ordovician aged geology of the Molong Belt within the wider Lachlan Fold Belt. Current drilling activity is targeting two high-value target types, being shallow high-grade epithermal gold mineralisation along the Dalcoath-Spur-Essex trend and associated porphyry gold-copper mineralisation at depth, down plunge and/or along strike. The company's ongoing RC drilling program at the Spur Project is designed to test zones of epithermal gold mineralisation and investigate a potential link with a porphyry gold-copper system at depth, down plunge and/or along strike. The drilling is directly testing for extensions to epithermal gold trends whilst also building a multielement geochemical dataset to enhance porphyry vectoring capabilities. A total of 66 RC drillholes totalling 15,832m have been completed, with results received from a further 17 holes, pending results for 7 holes and the program extended by an additional 20 holes based on encouraging results. New Risk • Mar 04
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Shareholders have been substantially diluted in the past year (35% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (AU$32.4m market cap, or US$20.1m). New Risk • Feb 10
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Shareholders have been substantially diluted in the past year (35% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (AU$36.4m market cap, or US$22.9m). New Risk • Jan 16
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 35% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Shareholders have been substantially diluted in the past year (35% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (AU$30.4m market cap, or US$18.9m). New Risk • Aug 17
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$3.6m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$3.6m free cash flow). Share price has been highly volatile over the past 3 months (33% average weekly change). Shareholders have been substantially diluted in the past year (57% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Significant insider selling over the past 3 months (AU$3.6m sold). Market cap is less than US$100m (AU$78.7m market cap, or US$52.5m). New Risk • Jul 27
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 51% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (32% average weekly change). Shareholders have been substantially diluted in the past year (51% increase in shares outstanding). Revenue is less than US$1m (AU$7.4k revenue, or US$4.9k). Minor Risks Significant insider selling over the past 3 months (AU$730k sold). Market cap is less than US$100m (AU$62.1m market cap, or US$40.7m). New Risk • Jun 01
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 60% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (21% average weekly change). Shareholders have been substantially diluted in the past year (60% increase in shares outstanding). Revenue is less than US$1m (AU$7.4k revenue, or US$5.0k). Minor Risk Market cap is less than US$100m (AU$20.6m market cap, or US$13.7m). New Risk • May 14
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: AU$14.9m (US$9.88m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (21% average weekly change). Revenue is less than US$1m (AU$7.4k revenue, or US$4.9k). Market cap is less than US$10m (AU$14.9m market cap, or US$9.88m). Minor Risk Shareholders have been diluted in the past year (33% increase in shares outstanding). Announcement • Apr 24
Waratah Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 3 million. Waratah Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 3 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 30,000,000
Price\Range: AUD 0.1
Discount Per Security: AUD 0.006
Transaction Features: Subsequent Direct Listing Announcement • Mar 15
Waratah Minerals Limited, Annual General Meeting, Apr 16, 2024 Waratah Minerals Limited, Annual General Meeting, Apr 16, 2024, at 10:01 E. Australia Standard Time. Location: KPMG Barangaroo Level 38, Tower Three, International Towers Sydney 300 Barangaroo Avenue 2000 Sydney New South Wales Australia Agenda: To receive and consider the annual financial report of the Company for the financial year ended 31 December 2023 together with the declaration of the Directors, the Director's report, the Remuneration Report and the auditor's report; to consider the ratification of prior issue of SPP Shortfall shares-Listing Rule 7.1; to consider the replacement of constitution; to consider the approval of 7.1A Mandate; and to discuss other matters. New Risk • Mar 15
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$3.5m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$3.5m free cash flow). Shareholders have been substantially diluted in the past year (53% increase in shares outstanding). Revenue is less than US$1m (AU$7.4k revenue, or US$4.9k). Market cap is less than US$10m (AU$9.71m market cap, or US$6.39m). Minor Risk Share price has been volatile over the past 3 months (15% average weekly change). New Risk • Jan 05
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 53% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (30% average weekly change). Shareholders have been substantially diluted in the past year (53% increase in shares outstanding). Revenue is less than US$1m (AU$738k revenue, or US$493k). Minor Risk Market cap is less than US$100m (AU$16.4m market cap, or US$11.0m). Announcement • Dec 21
Battery Minerals Limited (ASX:BAT) completed the acquisition of The Spur Project (EL5238) from Yanbulla Mining Pty Ltd. Battery Minerals Limited (ASX:BAT) entered into a binding term sheet to acquire The Spur Project (EL5238) from Yanbulla Mining Pty Ltd for AUD 0.38 million on October 17, 2023. Battery Minerals will issue 15 million shares as consideration. Completion of the acquisition is subject to and conditional upon a number of conditions precedent, including financial and legal due diligence, obtaining any necessary third-party consents and Battery Minerals obtaining all necessary shareholder and regulatory approvals.Battery Minerals Limited (ASX:BAT) completed the acquisition of The Spur Project (EL5238) from Yanbulla Mining Pty Ltd on December 19, 2023. Announcement • Dec 09
Battery Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 0.56088 million. Battery Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 0.56088 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 14,760,000
Price\Range: AUD 0.038
Transaction Features: Subsequent Direct Listing Announcement • Oct 18
Battery Minerals Limited (ASX:BAT) entered into a binding term sheet to acquire The Spur Project (EL5238) from Yanbulla Mining Pty Ltd for AUD 0.38 million. Battery Minerals Limited (ASX:BAT) entered into a binding term sheet to acquire The Spur Project (EL5238) from Yanbulla Mining Pty Ltd for AUD 0.38 million on October 17, 2023. Battery Minerals will issue 15 million shares as consideration. Completion of the acquisition is subject to and conditional upon a number of conditions precedent, including financial and legal due diligence, obtaining any necessary third-party consents and Battery Minerals obtaining all necessary shareholder and regulatory approvals. Announcement • Nov 21
Battery Minerals Limited Announces IP Geophysics Defines Priority High-Grade Gold Targets Battery Minerals Limited provided an update on exploration activities at the Stavely-Stawell Gold-Copper Project. DEFINING PRIORITY DRILL TARGETS AT COXS FIND - FRANKFURT: Given the sulphide association and likely bedrock source of the high-grade surface gold at Coxs Find, an Induced Polarisation survey (IP) was designed to map the distribution of sulphides and define priority drill targets. The effectiveness of the technique has resulted in a planned extension of the survey along with commencing plans for drill testing. The planned extension of the IP survey will also cover the Frankfurt Prospect area, where strong AC gold anomalism (8m @ 0.79g/t Au from 27m to EOH) is associated with a `fertile' gold multielement signature and defines an open >160m wide target zone. IP GEOPHYSICS DEFINING PRIORITY GOLD-SULPHIDE DRILL TARGETS: Fender Geophysics conducted the IP survey utilising a pole-dipole electrode configuration with electrodes spaced at 50m and 100m (dipoles) along 200m spaced lines. The survey included a total of 7-line kilometres and utilised a combination of 50m and 100m dipoles to detect varying target geometries and sulphide habits. An oblique, northeast trending local grid was established to best crosscut the main geological fabric and to enable efficient logistics. COXS FIND PROSPECT: The Coxs Find Prospect is defined by multiple high-grade rockchip results, up to 430g/t Au associated with sericite-silica-pyrite altered siltstone (ASX BAT 14 October 2021). The mineralisation has been characterised using scanning electron microscope (SEM) and laser ablation ICPMS mineral chemistry (La-ICPMS), which indicates an association between gold and bedrock (primary) sulphides (galena, sphalerite, chalcopyrite). FRANKFURT PROSPECT: The Frankfurt Prospect is characterised by strong multipoint AC gold anomalism (8m @ 0.79g/t Au from 27m to EOH) defining an open >160m wide target zone and associated with a `fertile' gold multielement signature. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Lead Independent Director Jeff Dowling was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Oct 27
Battery Minerals Limited Announces Executive Changes Battery Minerals Limited announced that it has appointed experienced Chartered Secretary, Ms. Nerida Schmidt as its Company Secretary effective from 25 November 2022. Nerida Schmidt holds a Bachelor of Commerce from the University of Western Australia, is a Certified Practicing Accountant and a Fellow of Finsia. She also a Chartered Secretary and holds a Graduate Diploma in Company Secretarial Practice. Nerida has 30 years' professional experience as the company secretary of a number of ASX and AIM listed companies in a variety of industries. She has also consulted to a number of listed and unlisted entities providing corporate, company secretarial and financial services. In addition, the company announced that Mr. Tony Walsh has resigned as Company Secretary and will leave the Company on 25 November 2022. Announcement • Sep 27
Battery Minerals Limited Provides Update on Exploration Activities At Stavely-Stawell Gold-Copper and Azura Copper-Nickel Projects Battery Minerals Limited provided an update on exploration activities at the Stavely-Stawell Gold-Copper and Azura Copper-Nickel Projects. Stavely-Stawell Gold-Copper Project: DEFINING PRIORITY DRILL TARGETS AT COXS FIND AND FRANKFURT: Given the sulphide association and likely bedrock source of the high-grade surface gold at Coxs Find, an IP survey has been designed to map the distribution of sulphides and define priority drill targets. The survey will also cover the Frankfurt area, where strong AC gold anomalism(8m @ 0.79g/t Au from 27m to EOH) is associated with a `fertile' multielement signature and defines an open >160m wide target zone. COXS FIND PROSPECT: The Coxs Find gold target is defined by multiple high-grade rockchip results, up to 430g/t Au associated with sericite-silica-pyrite altered siltstone. The mineralisation has been characterised using scanning electron microscope (SEM) and laser ablation ICPMS mineral chemistry (La-ICPMS), which indicates an association between gold and bedrock (primary) sulphides (galena, sphalerite, chalcopyrite). FRANKFURT PROSPECT: The northern extent of the Coxs Find Trend has been termed the Frankfurt target and is characterized by strong multipoint AC gold anomalism (8m @ 0.79g/t Au from 27m to EOH) associated with a `fertile' multi element signature defining an open >160m wide target zone. REGIONAL AIRCORE DRILLING: Aircore drilling forms a key part of the Company's exploration strategy, designed to define surface anomalism and enable effective ranking of targets for follow-up bedrock drill testing. The drilling activity covered multiple targets considered prospective for orogenic gold and copper-gold mineralisation within the Stawell Gold Corridor and Dryden Belt. Reported results are from the final 251 holes for 8,755 metres within a combined program of 629 holes for 24,436m (214 /9971.3m in 2021, 415 holes /14,465m in 2022). The AC drilling activity has defined several key bedrock target areas, including: Strong primary gold anomalism at Coxs Find, defined by surface float samples up to 430g/t Au; Open >160m wide gold zone at Frankfurt including 8m @ 0.79g/t Au from 27m to EOH, inc. 1m @ 4.94g/t Au, associated with a fertile multielement geochemical signature. Open >2000m long gold anomaly (>0.1g/t Au) at the Nine Mile Prospect, broadly coincident with the regionally prospective Moyston Fault and approximately 5km along strike from the historic Moyston Gold Mine (77koz at 22gpt Au); Open >800m long gold anomaly (>0.2g/t Au) at the Frying Pan Prospect; Broad gold anomalism in the Rutters Track district, defining multiple targets associated with the White Rabbit Diorite Azura Copper-Nickel Project: DRILLING COPPER-NICKEL TARGETS (AZURA PROJECT): The drilling program planned for the Azura Copper-Nickel Project comprises a nominal 6 diamond holes for 1,170m and has been designed to test priority EM and geochemical targets. Several contingency drill sites will also be prepared to allow for flexibility in the drilling schedule based on ongoing results. Heritage clearance has been completed with additional environmental permitting requested by the regulator prior to the Company being permitted to commence drilling activity. Target areas include: Olympio Target (gold-copper): characterised by a discrete zone of conductivity (650m long at 100m depth) coincident with a concealed, likely structurally thickened portion of the Azura copper trend target stratigraphy. Azura East Target (copper): defined by a discrete conductive VTEM anomaly, partly concealed and along strike from the prospective Azura copper trend stratigraphy. Azura North Target (copper): located within the prospective Azura copper trend, defined by an approximately 120m wide zone of anomalous copper at surface with rock chip samples up to 9.7% Cu. Russell's Gossan Target (copper): defined by a widespread zone of strong surface copper anomalism, including up to 29.9% in rock chips. Trem Jones Target (nickel-copper): area is considered prospective for magmatic nickel-copper mineralisation, characterised by a zone of conductivity (>1,000m long at 100m depth) along strike from nickel-copper occurrences within in a rock sequence which hosts the nearby Savannah Ni-Cu-Co Mine. Aircore drilling assay results: Significant assay results are calculated as length weighted downhole grade (not true width), maximum assay interval is 3m. Significant assays are considered >20ppb Au, may include up to 2 assays of internal dilution if mineralisation is considered relevant. Announcement • Aug 11
Battery Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 1.95 million. Battery Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 1.95 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 279,230,768
Price\Range: AUD 0.0065
Discount Per Security: AUD 0.00039
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 20,769,228
Price\Range: AUD 0.0065
Discount Per Security: AUD 0.00039
Transaction Features: Subsequent Direct Listing Announcement • Jul 12
Battery Minerals Limited Provides Update on Exploration Activities at Stavely-Stawell Gold-Copper and Azura Copper-Nickel Projects Battery Minerals Limited provided an update on exploration activities at the Stavely-Stawell Gold-Copper and Azura Copper-Nickel Projects (formerly called the Russells Project). Targeting High Grade Gold At Coxs Find With Geophysics and Drilling: The Coxs Find high-grade gold target is defined by multiple high-grade rockchip results, up to 430g/t Au associated with sericite-silica-pyrite altered siltstone (ASX BAT 14 October 2021). Recent AC results have further enhanced the scale and prospectivity of the Coxs Find area, highlighting a northwest trending gold corridor, >2500m long, with further shallow drilling results pending and detailed IP geophysics planned to commence in late-July 2022. Results define a >160 m wide, open gold anomaly at the eastern end of an aircore traverse, including 8m @ 0.79 g/t from 27m, inc. 1m @ 4.94 g/t Au to end of hole (22BATAC136). Regional aircore drilling: Aircore drilling forms a key part of the Company's exploration strategy, designed to define surface anomalism and enable effective ranking of targets for follow-up bedrock drill testing. The drilling activity covers multiple targets considered prospective for orogenic gold and copper-gold mineralisation within the Stawell Gold Corridor and Dryden Belt. Results have been received from a further 127 holes for 4,057 metres, with a combined 629 holes for 24,436m completed to date (214 /9971.3m in 2021, 415 holes /14,465m in 2022, results pending for 236 holes). The AC drilling results continue to define key bedrock target areas, including: >2500m open gold zone at Coxs Find, including anomalous end of hole AC results (8m @ 0.79g/t Au from 27m to EOH, inc. 1m @ 4.94g/t Au - 22BATAC136) and strong hypogene gold anomalism at surface, defined by multiple high-grade rockchip results, up to 430g/t Au (ASX BAT 14 October 2021); >2000m open gold anomaly (>0.1g/t Au) at the Nine Mile Prospect, broadly coincident with the regionally prospective Moyston Fault and approximately 5km along strike from the historic Moyston Gold Mine (77koz at 22gpt Au); >800m gold anomaly (>0.2g/t Au) at the Frying Pan Prospect (ASX BAT 29 July 2021); Broad gold anomalism in the Rutters Track district, defining multiple targets associated with the White Rabbit Diorite. Expanding the Company's land access agreements from 3 in CY2021 to 17 in CY2022 has been a key element to accelerating AC coverage and assessment of targets. AC drilling results from the Nine Mile area continues to extend the zone of gold anomalism, now stretching over 2km strike length at >0.1g/t Au and splitting into two zones associated with mafic units at the southern extents with the best results 1m @ 2.76g/t Au from 33m to EOH (22BATAC068). Drilling Copper-Nickel Targets (AZURA PROJECT): The drilling program at the Azura Copper-Nickel Project (formerly called the Russells Project) comprises a nominal 6 diamond holes for 1,170m and has been designed to test priority EM and geochemical targets. Several contingency drill sites will also be prepared to allow for flexibility in the drilling schedule based on ongoing results. Environmental permitting has been received with heritage clearance, earthworks and drilling planned in July-August 2022. Target areas include: Olympio Target (copper): characterised by a discrete zone of conductivity (650m long at 100m depth) coincident with a concealed, likely structurally thickened portion of the Azura copper trend target stratigraphy; Azura East Target (copper): defined by a discrete conductive VTEM anomaly, partly concealed and along strike from the prospective Azura copper trend stratigraphy; Azura North Target (copper): located within the prospective Azura copper trend, defined by an approximately 120m wide zone of anomalous copper at surface with rockchip samples up to 9.7% Cu; Russell's Gossan Target (copper): defined by a widespread zone of strong surface copper anomalism, including up to 29.9% in rock chips (ASX BAT 22 June 2021); Trem Jones Target (nickel-copper): area is considered prospective for magmatic nickel-copper mineralisation, characterised by a zone of conductivity (>1,000m long at 100m depth) along strike from nickel-copper occurrences within in a rock sequence which hosts the nearby Savannah Ni-Cu-Co Mine. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Lead Independent Director Jeff Dowling was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Feb 24
Battery Minerals Limited Provides Update on Exploration Activities at the Stavely-Stawell Copper-Gold Project in Victoria Battery Minerals Limited provided an update on exploration activities at the Stavely-Stawell Copper-Gold Project in Victoria. Aircore drilling restarted in January 2022 following the Christmas/New Year break and forms a part of a 15,000m program assessing multiple targets for orogenic gold and porphyry copper-gold mineralisation. The drilling program is designed to identify geochemical anomalism to enable ranking of targets for follow-up bedrock drilling. A combined total of 11,846m has been completed, with assays now received from 9,951m of drilling. Aircore results have defined several zones of interest, including a 1,600m gold anomaly (>0.1g/t Au) at the Nine Mile Prospect and a >800m gold anomaly (>0.2g/t Au) at the Frying Pan Prospect, both associated with the regionally prospective Moyston Fault and along strike from the historic Moyston Gold Mine (77koz at 22gpt Au). Recent results from the Kent Road Prospect (44 holes for 2,196m) have identified a broad anomalous copper zone associated with prospective Mt Stavely Volcanic Complex. Aircore drilling at the Kent Road prospect included 44 holes for 2,196 m at an average depth of 50m. Drilling typically penetrated 15-30m of transported sand and gravel overlying weathered dacite and minor sediments. Results identified a broad low-level supergene blanket of copper anomalism >100ppm Cu within the saprolite profile and associated with the Mt Stavely Volcanic Complex. Recent results and include: 21BATAC148: 1m at 373 ppm Cu from 25m. 21BATAC163: 1m at 458 ppm Cu from 30m. 21BATAC185: 3m at 688 ppm Cu from 15m. 21BATAC169: 3m at 492 ppm Cu from 18m. Aircore drilling activity continues and is focusing on the Frying Pan, White Rabbit, Coxs Find,Cosmopolitan and Rutters Track Prospects associated with the White Rabbit Diorite. Announcement • Jan 12
Battery Minerals Limited Announces Drilling to Resume at Stavely-Stawell Project This Month Battery Minerals Limited advised that drilling is set to resume at its Stavely-Stawell Copper-Gold Project in Victoria later this month. This follows confirmation that the aircore rig will return to site on January 26, 2022. Aircore drilling activity will focus on defining gold-copper targets in the Frying Pan- Cosmopolitan-Cox's Find Prospect areas and will be supported by four-acid geochemical analysis and the recommencement of Falcon airborne gravity surveying next week. Announcement • Sep 12
Battery Minerals Limited Announces Drilling to Resume Next Week At Stavely-Stawell Copper-Gold Project, Victoria 15,000M Program Will Test Five Prospects Battery Minerals Limited advised that after delays associated with unseasonably high rainfall, aircore drilling is set to resume at its Stavely-Stawell Project in Victoria next week. The 15,000m aircore drilling program will test five highly promising prospects, including three orogenic gold and two porphyry copper-gold targets for an estimated 15,000 metres of aircore drilling. Additional land access agreements are currently being finalised with the expectation that the drilling programme planned for the 2021/2022 season will be expanded. Successful mineral exploration and discoveries in Australia are driven by quality regional datasets, good geology, historical mining and exploration data compilation, drilling holes and capable and dedicated teams. Accessing this new gravity data is a very important regional dataset which is expected to be helpful in making future discoveries. Contractors Xcalibre (formerly known as CGG) recently completed the 200-metre spaced, 3,840 line kilometre survey over the entire EL6871 tenement using the Falcon® Airborne Gravity Gradiometer (AGG). The technology is the result of a near-decade-long collaboration between BHP Billiton and Lockheed Martin that was developed from declassified submarine technology. The data is currently being processed by leading geophysics consulting group, Southern Geoscience. The results will be integrated into Battery Minerals targeting strategy. Announcement • Jun 24
Battery Minerals Limited (ASX:BAT) agreed to acquire Russell Copper Project in the Halls Creek from iCopper Pty Ltd for AUD 2.6 million. Battery Minerals Limited (ASX:BAT) agreed to acquire Russell Copper Project in the Halls Creek from iCopper Pty Ltd for AUD 2.6 million on June 22, 2021. As part of the consideration, Battery will pay AUD 0.1 million in cash and will issue AUD 1 million worth of ordinary shares. Battery is also required to make subsequent payments of AUD 1.25 million in cash and shares and AUD 0.25 million in cash after 12 months and after all the tenements have been granted and transferred. If these payments are not made, project ownership will revert to the vendor. The transaction is subject to the shareholders approval. Announcement • Jun 01
Battery Minerals Limited Announces $500,000 Target Grant for Stavely-Stawell Cu-Au Project Battery Minerals Limited announced that it has finalised a $500,000 TARGET Minerals Exploration Initiative (TARGET) grant with the Victorian Government for its 100 per cent-owned Stavely-Stawell Project in Victoria. The Company and the Victorian State Government have signed a Grant Agreement for the $500,000 TARGET grant to support exploration on its 100 per cent-owned Stavely-Stawell Project in Victoria over the 28 months ending 30 September 2023.
Battery Minerals completed the acquisition of the highly-prospective Stavely-Stawell Project (exploration licence EL6871) immediately adjacent to Stavely Minerals' Thursday's Gossan copper-gold project in Victoria (figure 1) in late October 2020. The tenement covers 721sqkm and hosts the historic Moyston gold mine, which produced ~75,000oz at 22g/t Au. The boundary of the exploration licence is also just 7km from the rich Stawell gold mine, which has produced ~5Moz of gold to date. The Stavely-Stawell Project is considered highly prospective for shear zone-hosted orogenic gold deposits such as Stawell, as well as volcanic-hosted base metals mineralisation (VHMS) and large-scale Cadia Ridgeway-type porphyry copper mineralisation, within the well-defined Stavely volcanic belt. In 2018, the Victorian Government released the Stavely Ground Release tender, inviting tenders from minerals exploration companies to apply for a minerals exploration licence for blocks located in the southern part of the Stavely Arc. The tender included the opportunity to apply for up to $500,000 in exploration grant co-funding from the Victorian Government's TARGET program. On 22 October 2018, the Company's 100% subsidiary, Gippsland Prospecting, was announced as the successful applicant for Block 4 of the Stavely Ground Release tender the Stavely-Stawell Project, applied for and was allocated funding through TARGET program. The TARGET Grant Agreement has now been executed and will support the Company's exploration activities, including extensive airborne Geophysical Surveys in the year ending 30 September 2021 and substantive Diamond Drilling campaigns in the years ending 30 September 2022 and the year ending 30 September 2023. Announcement • Mar 04
Battery Minerals Limited Announces Inaugural Drilling Programme at the Stavely-Stawell Gold-Copper Project Battery Minerals Limited announced that its inaugural drilling programme at the Stavely-Stawell gold-copper project in Victoria is scheduled to start in April 2021. The Company has established three priority targets which will be tested as part of the 5,000 metre aircore program and has already identified at least another four for further assessment. (Figure 1) The on-ground field activities and interrogation of data sets have confirmed the prospectivity of the priority target areas. These include the central portion of the mineralised Moyston Fault, which is now classed as a high- priority region for first-pass regional aircore drill testing. Upon review of the data, the importance of the Moyston Fault as a structural control of gold mineralisation in the area has become more apparent. The historic Moyston Gold Mine, which produced more than 75,000oz averaging 22g/t Au, is located on the Moyston Fault in an area of structural complexity highlighted in the re-processed magnetic data (TMI) geophysics. Importantly, similar zones have been identified along the 67km of strike contained within Battery Minerals' tenure. Most of this has been exposed to little or no exploration. In light of this latest information, the Company is moving to finalise the approvals needed ahead of the start of drilling in April 2021. Over 5,000 metres of aircore drilling has been designed on 100 metre spaced vertical holes and 250 metre spaced lines within current land access agreement areas (figure 5) scheduled to start in April 2021. The objective is to identify areas of extensive gold mineralisation, map the basement stratigraphy where geophysics datasets are indicating structural complexity of the primary Moyston fault and accompanying secondary structures that may represent potential splay mineralisation. Assaying will include low-detection gold and a broad suit of multi-elements for identifying gold pathfinders, alteration and lithologies. The site team continues to work with landowners to extend access areas for low-impact mapping, sampling, and drilling activities. Announcement • Jan 21
Battery Minerals Limited Starts Multi-Pronged Exploration Program at Its Stavely-Stawell Copper-Gold Project in Victoria Battery Minerals Limited announced that it has started a multi-pronged exploration program at its Stavely-Stawell copper-gold project in Victoria. As part of this campaign, field mapping, soil and rock chip sampling is underway at four priority targets. These are located in equal distance from Stavely Minerals' Thursday's Gossan copper-gold discovery and the Stawell gold mine. Exploration is being led by General Manager, Exploration, Nick Jolly. Mr. Jolly has over 20 years' industry experience, including key management roles with major Australian gold producer Northern Star Resources. To assist the aggressive exploration strategy, Battery Minerals has acquired high resolution Lidar and multi-spectral satellite data over the entire Stavely-Stawell Project area. Interpretation of this high-resolution Lidar data is ongoing to identify evidence of historical mining activity such as pits, workings, mullock heaps and costeans (Figure 1) with the northern section of the project area completed. WorldView 3 satellite imagery has 17 spectral bands with applications in mining and mineral exploration. Applying a number of processing techniques including machine-learning, rock alteration and primary ore mineral signatures can be mapped for field assessment and drill targeting. The Company has also compiled multiple datasets to assist with ranking exploration targets. This includes reprocessing of open-source magnetics, gravity and electromagnetic (VTEM) available from the Geological Survey of Victoria, as well as a significant data set of historic surface sampling and drilling which is currently being validated and compiled into a secure database. Community consultation sessions have been completed and the Company has been actively engaging with private landowners prior to commencing exploration work. To date, Battery Minerals has received strong support, with over 100sqkm now the subject of access agreements for low-impact exploration. This covers over 15km of strike of the highly prospective Moyston Fault. The Company continues to engage private landowners on future drilling requirements and expects to expand its exploration footprint over new priority areas in the coming months. Battery Minerals has established an operations base at the town of Great Western and engaged consulting geologists to lead field activities along with field assistants sourced locally. Four prospects have been selected for field reconnaissance mapping and sampling, working towards Battery Minerals' inaugural drilling programme. The prospects are located along a 15km section of the regional scale Moyston Fault, which hosts numerous workings and the Moyston Mine to the south which historically produced 75,000oz at 22gpt Au. Historic data has indicated a serpentinised stratigraphic marker horizon within the Stavely sequence, as indicated by soil sampling with anomalous chrome values, and rock chip samples with noted nickel- bearing chalcedonic silica minerals. The Cayley Lode at Thursday's Gossan has a strong association with a footwall ultramafic unit, therefore defining the extent of this important marker horizon is priority. Announcement • Nov 14
Battery Minerals Limited announced that it expects to receive AUD 5.5 million in funding Battery Minerals Limited (ASX:BAT) announced a private placement of approximately 250,000,000 shares at a price of AUD 0.022 per share for the gross proceeds of AUD 5,500,000 on November 13, 2020. The transaction will take place in one tranche out of company 15% capacity. The transaction will include participation from professional, institutional and sophisticated investors. The transaction is expected close on November 20, 2020.